An Act relative to interest fees

This bill amends state tax laws to give tax collectors the authority to waive up to 50% of interest, charges, and fees owed by taxpayers for a specific tax period. The change allows these officials to use their discretion to reduce financial penalties, directly affecting individuals and businesses with outstanding tax liabilities. By modifying the relevant section of the General Laws, the legislation formalizes the ability to offer relief on accumulated costs without altering the principal tax amount owed.